There is No Solution to the Worsening Crisis in Iran Except for the Fall of the Regime!
March 18, 2025, 3:48 pm

There is No Solution to the Worsening Crisis in Iran Except for the Fall of the Regime!

Mir Mohammad

The leaders of the Iranian regime, particularly Khamenei, are aware that there is no glimmer of hope for improving the situation, especially concerning the exacerbation of the economic crisis, which has reached a level that terrifies the regime because it paves the way for the best conditions and atmosphere for widespread popular protests. However, Khamenei's concern and fear intensify as he knows that this crisis will worsen further in the coming months, especially after the tightening of sanctions imposed on the regime.

Zeroing out Iranian oil exports, which is one of the goals sought by the Trump administration, has become a terrifying nightmare for the regime, with its shadows gradually becoming apparent on the horizon. Given that we know that the Iranian economy’s reliance on oil exports, particularly through smuggling, is substantial to the extent that cannot be ignored, it will negatively affect the current fragile stability, which the regime knows is not only prone to disturbance but also to explosion.

According to reports from inside Iran, the figures reveal a more grim reality. MP Habib Qasemi indicated that the value of the Iranian rial has lost 50% of its value over the past six months, resulting in a halving of the purchasing power of Iranians. To the extent that Jawad Nikbin, a member of the Iranian parliament, stated during a meeting on February 25, 2025: "How can people live? Our industries are already collapsing, and now factories are closing their doors for three days a week due to electricity, gas, and water outages. Is this your plan for economic growth?"

However, it is noteworthy that on February 25, 2025, when the Iranian parliament convened to discuss the dire economic situation, the Tehran Municipality Council approved an increase in subway and bus ticket prices ranging from 25% to 36.8% as part of a review of the municipal budget for 2025. This decision raised significant concerns, primarily affecting low and middle-income citizens who rely on public transportation for their daily commutes.

The chairman of the Urban Development and Transportation Committee in the Tehran Municipality stated that the real cost of each subway trip per passenger is estimated to be around 25,000 tomans, while passengers currently pay less than 20% of this amount. The financial gap has worsened due to accelerating inflation and rising maintenance costs, primarily because of the rising exchange rate and the sector's reliance on imported parts. Since the beginning of the current year, the dollar price has surged from 50,000 tomans to 92,000 tomans, a nearly 90% increase, resulting in significant operational cost increases and heightened pressure on the public budget.

Undoubtedly, with the unwavering determination of the US administration to implement its maximum pressure policy, the economic situation will worsen in the coming months, forcing the regime to impose further economic and living pressures on the already burdened and discontented Iranian people. The likelihood of a popular political earthquake in Iran is greater than ever, especially since the Iranian people have become fully convinced that there is no solution to the escalating crisis in Iran except through the fall of the regime.

**The Deadly Predicament of the Iranian Regime According to Khamenei**

It is worth noting that Khamenei, on March 8, during a lengthy speech attended by officials and associates of his regime, clearly highlighted the deadlock and absence of solutions to the intractable crises faced by the regime. In his speech, he stated:
"... We must be extremely cautious in our behavior, words, and performance, and resort more to remembrance, prayer, supplication, and entreaty... We cannot be subservient to the West... The goal that the Westerners seek is for the Islamic Republic to be incapable of managing the people's livelihood; hence, the livelihood issue is extremely important, and serious efforts must be made to reform it... Some foreign oppressive governments and figures insist on negotiations, while their goal is not to solve problems but to impose what they want. If the other side refuses, they create an uproar and accuse it of obstructing negotiations... They want to sow doubt in public opinion about the reasons for our refusal to negotiate despite their announcement of readiness for it, while their goal is not negotiation but domination and imposition..."

It is noteworthy that Khamenei’s statements came after the U.S. president said in an interview with Fox Business that aired on March 7, "The United States has reached the final stages with the Iranian regime, and we are right now at the last moments. This regime must not be allowed to obtain a nuclear weapon. I prefer to reach a peaceful agreement instead of the other option, but the other option will resolve this problem as well."

Mir Mohammadian

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.